This Trump-linked drone maker may get a Pentagon deal. The stock soars 57%.

Shares of Unusual Machines jumped Thursday after The Wall Street Journal reported that the Trump administration was in negotiations to fund multiple private-sector drone companies.

Unusual Machines was one of the companies the Pentagon identified for potential funding, the Journal reported, citing people familiar with the matter. The drone-parts supplier counts Donald Trump Jr. as an advisory board member.

“As a matter of Department of War policy, we will not comment on leaked documents, rumored internal discussions, or the specifics of pre-decisional matters that remain subject to change,” a department official said in a statement.

Unusual Machines stock soared 57% on Thursday. Shares have gained 483% over the past 12 months, valuing the company at about $1.4 billion.

https://www.msn.com/en-us/money/news/this-trump-linked-drone-maker-may-get-a-pentagon-deal-the-stock-soars-57/ar-AA24gQlK